Authy OneTouch provides information about what is being authorized in the form of the confirmation request the user receives, including transaction amount, log-in location and approval chain, all of which become part of the digitally signed record of the transaction.

"If someone is determined to breach your account, it's painfully clear that security based on passwords alone is not going to protect you," said Marc Boroditsky, Vice President and GM of the Authy product line. "Two-factor authentication solutions such as Authy OneTouch greatly reduce existing vulnerabilities while maximizing the experience for the mobile user."

For Coinbase, a leading bitcoin wallet and exchange that serves over 2 million users, Authy is the preferred and most secure solution. "Authy helps us protect our users when they access their accounts. We are excited about the ease of use OneTouch brings and we can't wait to deploy it," said Brian Armstrong, Founder and CEO of Coinbase.

About TwilioTwilio makes communications easy and powerful. With Twilio's platform, businesses can make communications relevant and contextual by embedding real-time communication and authentication capabilities directly into their software applications. Industry disruptors including Uber, Box and DocuSign and enterprises such as Nordstrom, Coca-Cola, Walmart and Home Depot trust Twilio to power and innovate their communications at global scale. Founded in 2008, Twilio is privately-held and has over 400 employees with offices in San Francisco, Mountain View, New York City, London, Munich, Dublin, Tallinn, Estonia, and Bogota, Colombia.

Authy is a leading two-factor authentication (2FA) cloud service that addresses the growing need for stronger authentication in an increasingly connected world. Authy's 2FA solutions provide a fast-to-implement, highly scalable and reliable alternative to passwords in the form of one-time SMS codes, the Authy mobile app and now the Authy OneTouch API, a push notification authentication solution. Twilio acquired Authy in February of 2015.